Learn from Binance

Terms:

Take profit: It is an indicator of when to secure profits.

Stop-loss: We set this in case the trade goes wrong to limit our losses, preventing us from losing more than intended.

Spot account: In this type of trading, you can start with as little as $10.

Futures: Here, we trade futures, trying to predict if the price will go up or down. There can also be gains or losses due to leverage. In other words, Binance lends you money, and if you trade with $100 and leverage x5, it's like trading with $500.

Stake: Storing or locking up cryptocurrencies allows us to earn annual APR returns of 3% to 6%, 12%.

Auto-investment: Binance allows us to invest our cryptocurrencies with returns of 4% to 12%. The only way to lose money is if we invest, and the price drops more than the gain.

ROI: Return on Investment. In trading, a negative ROI indicates a percentage loss, while a positive ROI indicates profits.

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